A Virginia banking company plans to acquire Maryland-based Sandy Spring Bancorp in a deal valued at about $1.6 billion, creating one of the mid-Atlantic region’s largest banks and cementing the merged ...
Richmond-based Atlantic Union Bank is one step closer to completing its $1.6 billion purchase of Maryland’s Sandy Spring Bank. The Federal Reserve Bank of Richmond, acting on delegated authority from ...
Atlantic Union Bankshares Corporation and Olney-based Sandy Spring Bancorp Monday announced they have entered into a definitive merger agreement for Atlantic Union to acquire Sandy Spring in an ...
Sandy Spring Bank's net interest income/margin has plummeted due to lower rate cut expectations and rising deposit costs. The bank is focusing on improving relationships with existing customers rather ...
Olney, Maryland-based Sandy Spring Bank is joining larger, national banks in making changes to some fees. Sandy Spring Bank has eliminated entirely its insufficient funds fees, which charged customers ...
Sandy Spring Bancorp is experiencing difficulties due to the Fed's tightening of monetary policy. The bank's cost of funds is rising, leading to a decrease in profitability and a decline in the ...